High Street, Prestonpans, East Lothian, EH32
- **SUPER DEVELOPMENT OPPORTUNITY** Prime opportunity to Convert 2 flats to form 4 flats located at 118 And 118A High Street Prestonpans EH32 9AD. EARLY OFFERS CONSIDERED
- *** 153, High Street, Prestonpans, East Lothian EH32 9AX sold for £167,000 March 2021, 98, High Street, Prestonpans, Eln EH32 9AD sold for £215,000 ***
- ESTIMATED GDV of £500,000 - £580,000. Each flat would be expected to be marketed at £125,000 - £145,000 once completed. Properties would achieve a rental of £625 - £675 pcm once completed.
- Property has planning for the conversion of 2 flats into 4 flats. PLANNING REF: 21/00124/P
- BENEFITS INCLUDE BEAUTIFUL SEAVIEWS. Prestonpans is a small fishing town situated to the east of Edinburgh, Scotland, in the unitary council area of East Lothian.
Tenure: Please confirm if this is a freehold property with Future Property Auctions
**SUPER DEVELOPMENT OPPORTUNITY** Prime opportunity to Convert 2 flats to form 4 flats and located at 118 And 118A High Street Prestonpans EH32 9AD.
EARLY OFFERS CONSIDERED
Property currently currently comprises: Communal Hallway and 2 large 2 bedroom flats. Property has planning for the conversion of 2 flats into 4 flats.
PLANNING REF: 21/00124/P
Super development in sought after location to provide luxury apartments on the High street of Prestonpans. BENEFITS INCLUDE BEAUTIFUL SEAVIEWS. Once completed would lend themselves well for AirBnB and Serviced accomodation.
ESTIMATED GDV of £500,000 - £580,000. Each flat would be expected to be marketed at £125,000 - £145,000 once completed.
Properties would achieve a rental of £625 - £675 pcm once completed.
Property has been stripped out and is ready for the right buyer to take on the project.
*** 153, High Street, Prestonpans, East Lothian EH32 9AX sold for £167,000 March 2021, 98, High Street, Prestonpans, Eln EH32 9AD sold for £215,000 ***
Prestonpans is a small fishing town situated to the east of Edinburgh, Scotland, in the unitary council area of East Lothian. The 2001 census recorded that the town had a population of 7,153, but many more people have moved to the area since many new houses have been built. It is the site of the 1745 Battle of Prestonpans, and has a history dating back to the eleventh century. The town boasts some impressive examples of historical architecture, such as the Preston Tower and the doocot and the local Mercat Cross, which is the only one of its kind in Scotland which remains in its original form and location.
High Street, Prestonpans, East Lothian, EH32
NEAREST STATIONSDistances are straight line measurements from the centre of the postcode
- Prestonpans Station0.6 miles
- Wallyford Station1.8 miles
- Longniddry Station3.9 miles
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